Lianhua Supermarket Extends Cooperation with Bailian Group

Lianhua Supermarket Holdings Co (HK:0980) has released an update.

Lianhua Supermarket Holdings Co has announced new cooperation agreements with Bailian Group, extending their property management and leasing collaborations from January 2025 to December 2027. These agreements will see Bailian providing property management services for Lianhua’s premises and leasing properties for commercial use. The transactions are classified as continuing connected transactions under Hong Kong’s Listing Rules, subject to specific reporting and review requirements.

For further insights into HK:0980 stock, check out TipRanks’ Stock Analysis page.